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Global Stocks Pressured As Oil Slides On OPEC Deal Concerns; US Futures, Dollar Rise

Global Stocks Pressured As Oil Slides On OPEC Deal Concerns; US Futures, Dollar Rise

European stocks were little changed and oil fell as investors assessed declining prospects for an OPEC deal and risks from Italy’s referendum. Asian stocks declined, while S&P futures pointed to a fractionally higher open, erasing 3 points from yesterday's drop.

Trader attention today - and tomorrow - will be focused on oil which retreated back under $47 as OPEC members failed to bridge differences on production cuts, while a rally in metals ran out of steam. The rand plunged after President Jacob Zuma survived a leadership threat.

Mugabe's "Last Gamble" - Zimbabwe Unleashes Newly-Printed 'Bond Notes' Pegged To The Dollar

Mugabe's "Last Gamble" - Zimbabwe Unleashes Newly-Printed 'Bond Notes' Pegged To The Dollar

One might think that after 92 years, some wisdom may have leaked into the brain of Zimbabwean president Robert Mugabe. But no. As the world's oldest head of state, he has overseen the demise from a post-colonial success to a pariah state wrecked by hyperinflation. However, having apparently learned no lesson from his prior experiences, The Reserve Bank of Zimbabwe has decided to print a new national currency for the first time since 2009.

As Simon Black pointed out a month ago, some people just don’t learn.

Sixteen European States Led By Germany Want Arms Control Agreement With Russia

Submitted by Peter Korzun via Strategic-Culture.org,

Fifteen European states have supported Germany’s initiative to launch discussions with Russia on a new arms control agreement.

«Europe's security is in danger», German Foreign Minister Frank-Walter Steinmeier told Die Welt newspaper in an interview published on November 25. «As difficult as ties to Russia may currently be, we need more dialogue, not less».

Worried You Are Putin's Pawn? Mainstream Media's Checklist For Avoiding Fake News

Submitted by Justin Raimondo via AntiWar.com,

No one outside of a few obsessed cranks would’ve noticed it if the Washington Post hadn’t given it front page prominence last week: a formerly obscure web site, propornot.com, which purports to identify a “Russian active measures” campaign with some very specific goals in mind As Post “reporter” Craig Timberg put it:

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